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Turkey’s $200B crypto boom is built on speculation, not adoption: Chainalysis

October 23, 2025 by DIGIT
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Turkey’s $200B crypto boom is built on speculation, not adoption: Chainalysis

Turkey’s $200 billion crypto market leads the MENA region, but has been fueled more by speculative activity than by sustainable adoption, according to Chainalysis.

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  • ethereumEthereum(ETH)$3,029.09-4.27%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.04-4.42%
  • binancecoinBNB(BNB)$881.75-2.62%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$132.36-7.13%
  • tronTRON(TRX)$0.2846590.40%
  • staked-etherLido Staked Ether(STETH)$3,033.60-4.29%
  • dogecoinDogecoin(DOGE)$0.139041-6.79%
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  • bitcoinBitcoin(BTC)$88,850.00-3.70%
  • ethereumEthereum(ETH)$3,029.09-4.27%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.04-4.42%
  • binancecoinBNB(BNB)$881.75-2.62%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$132.36-7.13%
  • tronTRON(TRX)$0.2846590.40%
  • staked-etherLido Staked Ether(STETH)$3,033.60-4.29%
  • dogecoinDogecoin(DOGE)$0.139041-6.79%